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Connacher is a growing exploration, development and production company with a focus on producing bitumen and expanding its in-situ oil sands projects located near Fort McMurray, Alberta

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Message: The Mysterious Bidder

For oil companies.Found on th eother board.

The question for me remains.Will CLL be sold or not or just a part of it?There seem te be a lot of guys who are sure a sale is almost fact.We probably get more then current sp though I don't believe in big jump if it's sold within some weeks.The longer it takes and oil stays around current levels and we may believe what our dear CEO told before he went then CLL should come out with better cards on the table then before .With latest profit taking we can take a jump to around 1.2 again which is a nice gain .That's a level we need to conquer again.

So how must we see further months.A take over at a premium or no take over but a sale of MRC or the conventional part and redducing some of their debt.Try to collect some cash and waiting to go ahead if economics seems to do well and going upstream again .BTW who is in fact the top guy now at CLL?

I got my videocam back .Made some pics from the lightshow.Very impressive.It was like walking in a fairy tail.Shots are not always fine.I'm not the best photografer (lol)So it's weekend and for those who are interested in old acient cities take a look.

http://www.youtube.com/watch?edit=vd&v=-XKGaW90G9M

http://www.lichtfestivalgent.be/nl/lfg-2011

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